2min chapter

The Joe Walker Podcast cover image

Markets And The Madness Of Crowds - Robert Shiller

The Joe Walker Podcast

CHAPTER

I Love Your Book, Famous First Bubbles

In Famous First Bubbles, Peter Garber calls Charles Kindleburger's Manny as panics and crashes a quote unquote Cubist study of manias. What is a Cubist analysis? I think he kind of meant that it was like a narrative-based approach to bubbles. He did other things that were more formal and logical. So I met Ken Rogoff who wrote a nice book about financial markets called This Time Is Different with Common Run Home.

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